🥇 Premier Crypto Tax Software

Today's Highlights

• ZenLedger - the only crypto tax service you need
• Today's Infographic
• In Other News - a few interesting developments we're tracking.

ZenLedger - the only crypto tax service you need

Cryptocurrency and NFT taxes are complicated and confusing. Fortunately, there are plenty of great third party software providers, like ZenLedger, to help make it easier to track down and document all transactions across multiple wallets and exchanges. ZenLedger is a crypto tax software that supports integration with more than 400 exchanges, including more than 30 decentralized finance (DeFi) protocols. It is considered one of the most user-friendly cryptocurrency tax preparation services with some of the fastest tools in the industry for cryptocurrency traders, investors, and accountants. The website supports multiple currencies and exchanges and has IRS-friendly integrations with multiple payment plan options. The personalized tax service provided by the platform facilitates collaborations with clients, tax attorneys, and CPAs.

ZenLedger makes it easy to import historical transaction data using an API from cryptocurrency exchanges. The platform will compute the gains and losses and the amount of tax owed based on analysis of all the transactions on the cryptocurrency exchanges and wallets connected. All tax calculations will automatically be updated whenever tax laws or regulations change. Zenledger also allows for direct TurboTax integration so clients can easily transfer their final tax calculations and reports to TurboTax to file their taxes accordingly.

ZenLedger's tax product also has a tax-loss harvesting feature to help users keep track of their unrealized capital losses and opportunities to reduce their effective capital gains. ZenLedger offers a CPA suite for certified public accountants, allowing them to collaborate with their clients that have traded cryptocurrencies, NFTs, or participated actively in DeFi. With the ZenLedger CPA suite, CPAs can see an integrated overview of their clients’ portfolios, in a tidy manner that’s bound to reduce the workload.

Patrick Larsen is the CEO and co-founder of ZenLedger. ZenLedger has raised a total of $15M in funding.

🧐 Today's Infographic

In Other News

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